Amneal Has Begun Supplying OTC Naloxone Hydrochloride Nasal Spray To U.S. Retail Pharmacies And The State Of California

5/22/24 4:32:47 PM ET

Biotechnology: Pharmaceutical Preparations

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Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX) ("Amneal" or the "Company") today announced that it has begun supplying its over-the-counter (OTC) Naloxone Hydrochloride (Naloxone HCI) Nasal Spray, USP, 4mg to U.S. retail pharmacies and the State of California. The product is now available for direct distribution to states and municipalities across the U.S.

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Date	Price Target	Rating	Analyst
9/6/2024	$9.00	Underweight → Neutral	JP Morgan

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‒ Q3 2024 Net Revenue of $702 million; GAAP Net Loss of $0.2 million; Diluted Loss per Share of $0.00 ‒ ‒ Adjusted EBITDA of $158 million; Adjusted Diluted EPS of $0.16 ‒ ‒ Affirms 2024 Full Year Guidance ‒ Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX) ("Amneal" or the "Company") today announced its results for the third quarter ended September 30, 2024. "Q3 was an excellent quarter where we continued to drive strong financial results across our diversified business and we announced three strategic actions to solidify our long-term growth. First, we launched CREXONT® for the treatment of Parkinson's disease. Second, we announced our collaboration with Metsera, Inc. to leverage Amneal's exp
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Reported Monday June 10, 2024 "Amneal, U.S. FTC Win Order Removing Teva Inhaler Patents From FDA List" - Reuters News
https://www.reuters.com/legal/litigation/amneal-us-ftc-win-order-removing-teva-inhaler-patents-fda-list-2024-06-10/ Drugmaker Amneal Pharmaceuticals (AMRX.O), opens new tab with the backing of the U.S. Federal Trade Commission convinced a New Jersey federal court on Monday to remove five Teva Pharmaceutical (TEVA.TA), opens new tab patents from a U.S. Food and Drug Administration list of patents covering Teva's breathing drug ProAir HFA.U.S. District Judge Stanley Chesler agreed with Amneal and the FTC, opens new tab that Teva's patents only covered inhaler device technology, ordering it to remove the listings from the FDA's Orange Book and clearing an obstacle for Amneal's proposed generic.
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Amneal Has Begun Supplying OTC Naloxone Hydrochloride Nasal Spray To U.S. Retail Pharmacies And The State Of California

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Amneal Resubmits DHE Autoinjector New Drug Application and Receives U.S. FDA Approval of Exenatide, its First Generic Injectable GLP-1 Agonist

Amneal Reports Third Quarter 2024 Financial Results

Amneal Receives U.S. FDA Approval of New Drug Application for Pyridostigmine Bromide Extended-Release Tablets

SVP, Chief Legal Officer Daly Jason B. sold $114,786 worth of shares (13,665 units at $8.40), closing all direct ownership in the company (SEC Form 4)

SVP, Chief Legal Officer Daly Jason B. sold $375,887 worth of shares (43,657 units at $8.61), decreasing direct ownership by 76% to 13,665 units (SEC Form 4)

Executive Vice President Boyer Andrew S sold $491,382 worth of shares (62,711 units at $7.84), decreasing direct ownership by 20% to 256,670 units (SEC Form 4)

$AMRX Market Insights

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Amneal Pharmaceuticals Launches Focinvez, Ready-To-Use Injectable Anti-Nausea Agent For Chemotherapy; Second Injectable RTU Product Launched In 2024; Single-Dose Vial Free Of Polysorbate 80, No Reconstitution Required

Kashiv BioSciences Enters Into Exclusive Licensing Agreement With Amneal For Commercialization Of A Proposed Biosimilar To XOLAIR

Reported Monday June 10, 2024 "Amneal, U.S. FTC Win Order Removing Teva Inhaler Patents From FDA List" - Reuters News

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